Sponsored by VMG Health | gregk@vmghealth.com | 214.369.4888

Breaking up is hard to do: 3 healthcare transactions that fell apart so far in 2017

While a variety of prominent hospital and health system transactions have taken place this year, a number of proposed transactions have fallen apart due to a mutual decision to end discussions or antitrust concerns.

Here are three proposed hospital or health system transactions that were terminated in 2017 so far, beginning with the most recent.

1. NorthShore University HealthSystem, Advocate Health Care scrap merger agreement
Downers Grove, Ill.-based Advocate Health Care and Evanston, Ill.-based NorthShore University HealthSystem abandoned their plan to merge after a federal judge granted a preliminary injunction March 7 to temporarily halt the proposed merger.

2. OU Medicine, SSM Health, UHAT sever plans for formal affiliation: 4 things to know
The University Hospitals Authority and Trust, OU Medicine, SSM Health's Saint Anthony Hospital and the Saint Anthony Physicians Group — all in Oklahoma City — severed ties March 7 citing a mutual decision to end plans for a formal affiliation.

3. Dartmouth-Hitchcock, Elliot Health System cease affiliation talks
Officials from Lebanon, N.H.-based Dartmouth-Hitchcock and Manchester, N.H.-based Elliot Health System ceased plans to affiliate Feb. 28. Officials said it would behoove both organizations to continue collaborating on select projects instead of pursuing a formal affiliation.

More articles on transactions and valuations:
Nashville Medical Group integrates with Ascension-affiliated physician group
Baptist Memorial partners with Priority Ambulance to improve transport services
California hospital reopens under new name, ownership

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months